511 John Vernon Ln

Euless, TX 76040
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Sold
Sold
$1,425,001 - $1,638,000
Sold on July 12, 2021
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22 Bedroom(s)
11 Full & 1 Half Bath(s)
0.22 Lot Acres
Multi-Family - Mutiple Single Units

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$340K
AVM Value
$425K
AVM Value
$1.07M
AVM Value
$337K
Value Range
$299K - $381K
Value Range
$297K - $552K
Value Range
$844K - $1.36M
Value Range
$ 337,407
Confidence Score
88%

Margin of Error*: 12%
Confidence Score
38%

Margin of Error*: 30%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

100% occupied cash-flowing portfolio of investment properties that consists of 7 houses all individually deeded with 1 located in Euless and 6 located in Mesquite and within walking distance of schools and parks. Current ownership has spent over $520,000 in recent capital improvements. All the units are well maintained with a mix built in the '50s and0 ’60s and stay full with long-term renters. Each unit is individually metered for electricity and water. The units consist of six 3-bedrooms and one 4-bedroom and average 1,366sf. The houses offer driveways, covered parking on select units, and private fenced back yards. The units rent for $1,543 per mo. on average and tenants pay the utilities individually.

MLS#
NTREIS-14559000
Sold Price Range
$1,425,001 - $1,638,000
Listing Status
Sold
Address
511 John Vernon Ln
City
State
TX
Zip Code
Subdivision
Oak Crest Estates
Legal Description
OAK CREST ESTATES BLOCK 5 LOT 23R
Property Type
Multi-Family - Mutiple Single Units
Bedroom
22 Bedroom(s)
Bath
11 Full & 1 Half Bath(s)
Stories
1
Year Built
1960 / Appraisal District
Lot Size
0.22 Lot Acres./Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Wood
Lot Description
Acreage, Corner, Landscaped, Lrg. Backyard Grass, Some Trees
Parking
Garage-Attached, Covered
Fencing
Chain Link,Wood
Utility
Asphalt,City Sewer,City Water,Concrete,Curbs,Individual Gas Meter,Individual Water Meter
Exterior
Covered Deck, Covered Porch(es), Gutters

Interior

Fireplace
2/Brick
Floors
Carpet, Other, Vinyl
Heating
Central Air-Elec, Central Heat-Elec
Other Equipment
Built-in Microwave,Cooktop - Electric,Cooktop - Gas
Energy Feature
Ceiling Fans, Double Pane Windows
Interior
Cable TV Available, Central Vac, High Speed Internet Available

Lot information

Lot Size
0.22 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash, Conventional, FHA, Other

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Listing Broker

Redwood Realty Inc.

Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 24, 2024 at 11:47 PM
Listing last updated Jul 13, 2021 at 12:19 PM
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Selling Agent and Brokerage

Selling Agent and Broker information is not available.

511 John Vernon Ln, Euless, TX 76040. View photos, map, tax, nearby homes for sale, home values, school info...

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